About The Educated Borrower® Student Loan
The Educated Borrower® can help solve your student loan financing needs.
Financing a student's education can be a complicated process. At The Educated Borrower® we keep paperwork and processes to a minimum. We know from listening to parents and recent graduates how time consuming the student loan process is, and how inadequate today's resources are to meet the average student's loan needs. More importantly, we're doing something about it.
One loan doesn’t fit all.
Because we make only private student loans, we can offer loans to suit individual student needs. The Educated Borrower® with loans issued by Liberty Bank, N.A. of Beachwood Ohio can help. The Educated Borrower® private student loan products reduce the time and bother of sorting through different loan sources until you find a loan that makes sense for you. All of the student loan information you need to apply for a private student loan is right here—whether a student is starting college, in graduate school, or medical school.
Painless borrowing? From start to finish.
We've developed a streamlined student loan application that can be filled out in approximately 15 minutes online, can be conditionally pre-approved right on the phone and has a 15-year repayment plan that reduces monthly payments to a minimum (Please click here compare our student loan repayment terms). Our repayment deferral feature provides for postponement of loan payments up to six months after graduation or when attendance is less than half time. Moreover, educated borrowing can be used as an alternative to the practice of using savings, high interest credit cards, home equity or 401K withdrawals for funding education.
Building credit for the real world.
All our undergraduate loans give students the opportunity to build a credit history by having a private student loan, in their own name, and in most cases, with a qualified co-signer, such as a parent, grandparent, family member or other qualified adult. When students go out on their own, good credit is one of life's essentials.
For graduates, the story continues.
Our graduate school loan program also allow students to continue to build a credit rating while getting the money to help meet tuition expenses and other costs of attendance.
Of even more interest.
Or should we say less interest? The Educated Borrower® Student Loan program has another cost effective option: it will reduce a loan's interest rate by .25% if payments are made through direct debit from a bank account.
In summary.
The Educated Borrower® Student Loan program enables students to achieve their dreams while parents live theirs.